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AEDAS Homes SA ( (ES:AEDAS) ) has shared an announcement.
Spain’s securities regulator, the National Securities Market Commission (CNMV), has authorized a mandatory public takeover bid for AEDAS Homes by Neinor DMP BidCo at a cash price of €24 per share. The offer targets 20.8% of AEDAS Homes’ share capital, equivalent to 9,089,239 shares, as the remaining 79.2% has already been immobilized by the bidder, effectively cementing control and leaving only the free float to respond. The CNMV considers the offer price to comply with fair-price rules under Spanish takeover law and will set the acceptance period once the bidder publishes the required announcement, marking a key step in the consolidation of Spain’s listed residential property developers and potentially reshaping AEDAS Homes’ shareholder base and market profile.
The most recent analyst rating on (ES:AEDAS) stock is a Hold with a EUR24.00 price target. To see the full list of analyst forecasts on AEDAS Homes SA stock, see the ES:AEDAS Stock Forecast page.
More about AEDAS Homes SA
AEDAS Homes, S.A. is a Spanish residential real estate developer whose shares are listed on the Madrid, Barcelona, Bilbao and Valencia stock exchanges and traded through the Spanish Stock Market Interconnection System, giving it exposure to national equity investors focused on the housing and property development sector.
Average Trading Volume: 45,663
Technical Sentiment Signal: Strong Buy
Current Market Cap: €987.9M
For detailed information about AEDAS stock, go to TipRanks’ Stock Analysis page.